Ethereum May Get 'Flipped' in 2026 Without Bitcoin's Involvement
Published on March 29, 2026.
Ether's (ETH) position in the cryptocurrency market is at risk due to the booming stablecoin economy, where it has lagged behind top stablecoins USDT and USDC in growth over the past five years. On a five-year rolling basis, ETH’s market capitalization grew by roughly 11.75% to around $240 billion, while Tether’�s stablecoin USDT (USDT) grew by 622.50% in the same period, reaching its market cap reaching over $184 billion. As a result, more traders are betting on Ether's demise in 2026. The total stablecoin market is now worth $310 billion, compared to $5 billion in 2020.
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